ARC - Strategic Partnership with Balancer Part #1

Hi everyone :wave:,

After completing Part 1 as outlined above with AIP-87 we are now preparing for Part 2.

We have scoped out how we intend to acquire the BAL at the Chainlink Oracle plus 50bps incentive to attract deposits and are now in the testing phase. We hope soon to be ready for peer review and then submission for voting.

This comment is to serve as a sense check, to ensure we progress in the communities most preferred manner. We can proceed in one of two options.

Option 1)
Deploy Part 2, acquiring an additional 100,000 BAL next with the status outline above.

Or,

Option 2)
Deploy the 200,000 BAL recently acquired into the 80BAL/20BAL pool as the priority.

Please don’t comment below if there is a preference on the above topic. We have a few weeks work left to close out Option 1). Where as Option 2) has a few considerations we need to optimise before writing the payload.

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